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RE: Lower supply, inflation and enhanced initial distribution from the Honeypot
Many look at the USD value of their content and may think it's not worth bothering about anymore.
I know I do well (I don't ask for it), but if people post something good and are used to $5 and it now says 40c due to the low value of the Hive token, will they continue to re-post?
I do wonder what we are going to see. Still, it is exciting and I am not moaning about the changes and fork. I'm all for it.
A low token price may bring investors in who can maybe see the potential if and when it rises.
I'm really longing for something that is stable and where the community has controls over scammers and spammers. We can't bring charities here until then, it's too risky for them and the Charity Commission will be all over it like a rash. There's a huge potential audience out there, if the foundation is right. The problem with people not posting is it looks like there's a lack of energy/participation and we need dynamic content to attract new people, but I think it will all even out, there's enough interested dedicated people ... and people like me who have been waiting in the wings a long time before bringing new people. I'm planning to write a big funding application while I'm stuck at home to support charities to learn about blockchain.
I had quite a few zeroes and 5 cents when I started, as I didn't get the support of the handful of SP holders with N2 early on. It can be a grind, but that grind is also part of paying the dues, if not buying in directly.
As did I!, not everyone is so tenacious, and posting is not exactly prominent at the current STEEM price.
The ones that do, may be the bigger winners.
Definitely.
Btw, one thing I find interesting is how many people see themselves as investors, but do not possess the tenacity to invest themselves long term, nor adjust to conditions.